USDJPY climbs to 3-year high The yen plunges as low Japanese bond rates reflect the divergence in monetary policies. A close above the pre-pandemic peak around 112.10 has triggered a runaway rally. A bullish MA cross indicates an acceleration to the upside. Strong momentum and a lack of resistance a...
Continue reading Intraday Market Analysis – Jpy Breaks Key Support on Forex Alchemy.
This post first appeared on Forex Alchemy - Articles, Analysis, Strategies, Re, please read the originial post: here